SF 2811

as introduced - 91st Legislature (2019 - 2020) Posted on 04/08/2019 02:31pm

A bill for an act
relating to capital investment; appropriating money for an interchange project in
Brooklyn Center; authorizing the sale and issuance of state bonds.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin BROOKLYN CENTER; INTERCHANGE.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $10,200,000 is appropriated from the bond proceeds
account in the state transportation fund for a grant to the city of Brooklyn Center to acquire
land and right-of-way, to perform environmental analysis, and to complete preliminary and
final design, engineering, and construction of an interchange located at Trunk Highway 252
and 66th Avenue North.
new text end

new text begin Subd. 2. new text end

new text begin Bond sale. new text end

new text begin To provide the money appropriated in this section from the state
transportation fund, the commissioner of management and budget shall sell and issue bonds
of the state in an amount up to $10,200,000 in the manner, upon the terms, and with the
effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
Constitution, article XI, sections 4 to 7.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end